£385,297
This estimated value is based upon the latest sale price for the house of £300,000 on 13 Jul 2017. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £300,000 | 13 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 sq feet |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in July 2017 the House Price Index for THURROCK was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £300,000 results in an estimated price of approximately £385,297.
| 13 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £300,000 | £85,297 | £385,297 |
The Postcode Pricing Model uses changes in average sales price within the RM18 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -29.389 % | £-88,166 | £211,833 |
| 3 Month Average | 34.035 % | £102,105 | £402,105 |
| 6 Month Average | 37.417 % | £112,251 | £412,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £150,000 | £150,000 | 7 PARKER AVENUE |
| 13 Nov 2023 | £302,683 | £295,000 | 37 KIPLING AVENUE |
| 15 Sep 2023 | £357,889 | £350,000 | 73 FIELDING AVENUE |
| 4 Apr 2023 | £137,573 | £135,000 | 62 KIPLING AVENUE |
| 27 Jul 2022 | £252,530 | £250,000 | 61 KIPLING AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 Apr 2017. Using an estimated price of £385,298 means this house is valued at £3,634 per sq meter (£337 per sq foot).
The average size of a house on PEPYS CLOSE is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pepys Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parker Avenue |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parker Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pageant Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arnold Place |